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For Benefit Medicines
↗Sydney, Australia
For Benefit Medicines (FBM) is an Australian social-enterprise pharmaceutical company that operates with a unique business model: it donates 100% of its profits to Australian patient support and medical research foundations. The company focuses on providing affordable, high-quality generic medications to Australian patients.
By partnering with various health organizations—such as Breast Cancer Network Australia, Cystic Fibrosis Australia, and the Leukaemia Foundation—FBM aims to create a sustainable funding stream for medical research and patient advocacy. Their products are designed to be equivalent to existing brands, ensuring safety, effectiveness, and quality while supporting the broader Australian healthcare ecosystem.
CLASSIFICATION
SIZE & FINANCIALS
Employees:1-50
Founded:2015
Ownership:private
Status:operating
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial
Modalities:Small molecule
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Key Partnerships:Breast Cancer Network Australia (BCNA), Breast Cancer Trials (BCT), Cystic Fibrosis Australia, Leukaemia Foundation, Pharmaxis
COMPETITION
Position:Niche Player
Competitors:Sandoz, Generic Health, Apotex
LEADERSHIP
Key Executives:
Barry Frost - Director
John Hurley - Director
Natalie Hurley - Director
LINKS
Website:fbmedicines.com.au
Disclaimer: IntuitionLabs.ai is not affiliated with, endorsed by, or associated with For Benefit Medicines. The information on this page was compiled using AI from publicly available sources and may be incomplete, outdated, or contain errors. We are committed to correcting inaccuracies promptly upon notice. For official information, please visit the company's website directly.